income statement


Also found in: Thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.income statement - a financial statement that gives operating results for a specific periodincome statement - a financial statement that gives operating results for a specific period
financial statement, statement - a document showing credits and debits
Translations
compte de résultat
References in periodicals archive ?
An income statement shows the bottom line, or the net profit, for the month.
The financial impact will be reflected in the income statement at the end of each accounting period, the company stated.
To begin adding a Contribution Margin Income Statement to our Master Budget, we need to create a new tab in Excel.
Embrace the concept that there needs to be an understanding of the composition of the income statement in a detailed way, creating highly analytic assessments of the unique contribution (or lack thereof) for each account within each product.
Part II, Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With Taxable Income per Return.
The importance of income statement versus balance sheet information has increased over time.
A typical income statement might show several hundred thousand dollars of "earned entry fees," but the actual cash might have been collected and spent months and years earlier.
The income statement measures the return for each dollar spent and is therefore the most important statement to understand for those carrying out the daily tasks of the organization.
Part III is a 37-line "Reconciliation of Net Income (Loss) per Income Statement of Includible Corporations With Taxable Income per Return--Income (Loss) Items" and has the following four columns:
operations, such that the "best" income statement may be a reporting package that goes to the foreign parent or simply the U.